Is there a middle class in America anymore?
I think you either barely get by or are wealthy and have more than you need.
Is there a middle class anymore?
No, they were taxed out of existance, to allow the wealthy their tax cuts. Now they fall to the ranks of struggling class, while the rich climbed to uber. It was deliberate, and demanded. "You are our base, and we will support you"-cheney, at bush inaugral, 2000
Yes, a middle class still exists, but they are drowning in consumer debt and over-taxation. Economic hardships seem to hit the middle class hardest. Much of this, arguably, is by design.
I think the middle class is still here, but we are holding tight because of inflation, higher taxes, and rising healthcare costs. Many minorities have risen among the middle class and consider themselves better off than years past while many Caucasians have slid downwards. Perhaps this is a result of increased immigration, govt. subsidies and anti-discrimination measures. Those who haven't been able to set aside savings have been hit the hardest because of downsizing and lay-offs. Another factor in the slow economic recovery is the reluctance of these individuals to work for less than what they feel they are worth while accusing those of other cultures of stealing American jobs. There is a great deal of cheating and fraud within the system that goes undetected. These costs are passed on to the masses while the perpetrators are getting fatter. In short, there are no simple solutions. Great question!
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